53 Crest StWestwood, NJ 07675

  • Residential income properties
  • 976 SF
For Sale
$2,695,000 View listing

Property Details for 53 Crest St

Year built
2018
Lot size
0.18 AC
Property size (Sq ft)
976 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
67 01805-0000-00005
APU
6701805000000005

Description

This exceptional investment opportunity presents a portfolio of five, Class A townhomes situated at 53 Crest St, Westwood, NJ 07675, in Bergen County. Built between 2018 and 2019, this single-family rental portfolio boasts 100% occupancy and offers a compelling return on investment. The property comprises a single, three-story building on a 0.17-acre lot, featuring five identical two-bedroom, one-and-a-half-bathroom units. Each unit includes covered parking, contributing to low overhead costs. The solid construction utilizes concrete and Hardie board, with firewalls strategically placed between units for enhanced safety. The convenient location near Hackensack Hospital, Pascack Valley, and Westwood's downtown area provides easy access to transportation, schools, and shopping. The property offers ample parking with space for ten vehicles. The asking price is $2,695,000, representing $539,000 per unit. The possibility exists for the new owner to sell the units individually, subject to filing the necessary paperwork. This turnkey investment is ideal for a discerning buyer seeking a high-performing, low-maintenance rental portfolio in a highly desirable New Jersey location.

53 Crest St, Westwood, New Jersey

Location Insight

City
Westwood
County
Bergen
State
New Jersey
Latitude
40.9841
Longitude
-74.0221
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,553
$250,000
$926,600
$1,176,600
-
$250,000
$926,600
$1,176,600

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